Ohio Living Trust Template

A living trust created in Ohio allows the grantor to transfer assets into a trust during their lifetime, naming a trustee to manage those assets and a successor trustee to distribute them to beneficiaries after death — all without going through Ohio's probate process. Under Ohio Trust Code, Ohio Revised Code Chapter 5801–5812, Ohio governs the creation, administration, and termination of revocable living trusts. Ohio is a equitable distribution state — a distinction that directly affects how marital assets are titled in the trust. In Ohio, $100,000 for summary release from administration; $35,000 for relief from administration, making a living trust particularly valuable for estates that exceed this limit. Regarding taxation, Ohio has no state estate tax (repealed 2013).

Without a living trust, Ohio estates may face a lengthy and expensive probate process. In Ohio, probate costs typically include statutory attorney fees: percentage of estate — typically 2-4%. No trust registration required in Ohio. Every asset must be formally re-titled in the trust's name — an unfunded living trust provides no probate avoidance. A complete estate plan pairs a living trust with a pour-over will and a power of attorney for lifetime incapacity protection.